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HomeRecession

Recession

Biden
Energy Policy

The Fed Is Finally Seeing The Magnitude Of The Mess It Created

September 23, 2022 Mariel Alumit

When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]

Fed
Energy Policy

The Fed Is Finally Seeing The Magnitude Of The Mess It Created

September 23, 2022 Mariel Alumit

When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation […]

Finance

Nouriel Roubini Predicts Severe Recession At End Of 2022 The Daily Financial Trends

September 21, 2022 Mariel Alumit

Renowned economist Nouriel Roubini has issued a warning that the global economy is facing a stock market crash and a “severe recession,” at the end of the year. In an interview quoted by Bloomberg, he […]

Homebuilder
Finance

Homebuilder Confidence Lowest Since 2014 As Housing Enters Recession The Daily Financial Trends

September 20, 2022 Mariel Alumit

A prominent economist is warning that the US housing market is experiencing a “deep recession” and that the Federal Reserve may have to ease up on its interest rate hikes. For the ninth consecutive month […]

Oil Climbed
Finance

Oil Climbed As Recession Fears Gave Way To Weakening Dollar And EU Embargo Fears The Daily Financial Trends

September 19, 2022 Mariel Alumit

On Monday, oil prices climbed during early Asian trading, as the dollar weakened and supply concerns grew over the European Union embargo on Russian oil which is due to begin in December. The supply worries […]

Finance

Deutsche Bank CEO Says Germany’s Recession Inevitable The Daily Financial Trends

September 12, 2022 Mariel Alumit

Deutsche Bank CEO Christian Sewing warned in a speech at the Handelsblatt Banking Summit in Frankfurt this week that Germany is set to enter a recession. According to reports, Sewing noted that the war in […]

Elon Musk
ENB Pub Note

Elon Musk Makes a Dire Prediction About the Economy – He has been right about so many things, we may want to take note.

September 10, 2022 Stu Turley

ENB Pub Note: Recession, Depression, and Deflation have varying levels of disruption to the demand for oil and gas. So before the energy crisis, the addition of renewable energy, printing money to pay for them, […]

Stephen Roach
Finance

Stephen Roach Says A Deeper Recession May Last Until 2024 The Daily Financial Trends

August 31, 2022 Mariel Alumit

The former longtime Chairman of Morgan Stanley Asia, Stephen Roach has said that the negative economic growth which the United States has endured in the first half of the year will likely continue, and that […]

Jamie Dimon
Finance

Jamie Dimon Puts The Odds Of A “Harder Recession” Or “Something Worse” At 40-60% The Daily Financial Trends

August 19, 2022 Mariel Alumit

CEO Jamie Dimon made waves with a conference call he had with some of JP Morgan’s wealthier clients. On the call, Dimon noted the economy appeared to be “strong,” however he said there were “storm […]

U.S. petroleum
Crude Oil News

Demand Destruction Could Help America Refill Its Oil Inventories

August 1, 2022 Mariel Alumit

America’s oil inventories are hovering around multi-year lows despite releases from the SPR. Distillate fuel oil inventories, which are most closely related to the economic cycle, are at the lowest for the time of year […]

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